Given:
Returns inwards…………N1500
cash…………………..N1550
Discount……………….N2850
Capital………………..N3800
Debtors………………..N900
Sundry…………………N?
The value of sundry expenses is 150% of returns inwards plus 50% of debtors
A. N6600
B. N6650
C. N5600
D. N5900
Correct Answer:
Option B – N6650
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